Here's How Much You Would Have Made Owning Biogen Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Biogen (NASDAQ:BIIB) has produced an average annual return of 9.28%, outperforming the market by 1.7% on an annualized basis. With a current market capitalization of $34.73 billion, a $1000 investment in BIIB 20 years ago would be worth $5,903.13 today.
February 09, 2024 | 7:30 pm
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POSITIVE IMPACT
Biogen has shown a strong performance over the past 20 years with an average annual return of 9.28%, significantly outperforming the market.
The historical performance of Biogen over the past 20 years, as detailed in the article, highlights the company's ability to generate substantial returns for its investors, outpacing the broader market. This track record of strong performance could positively influence investor sentiment and potentially lead to an increase in stock price in the short term, as investors may view the company as a solid long-term investment.
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